At number 3156th in the list of Australian suburbs ordered by increase in median house value over the last year, Leongatha, 3953 is in the BOTTOM 30% with a property value increase of -2.31% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leongatha has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Leongatha is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 346th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Leongatha the average time real estate has been on the market is 120.66 days.
The VIC suburb of Leongatha, 3953 is in the South Gippsland local government area.
VIC has seen average median house prices change by 3.11% which means that Leongatha, 3953 has done well for property investors by showing a capital gain of -12.90% over the last year
A -1.82% growth in median value for property investors in Leongatha,3953 puts this suburb at number 304th in terms of best performing suburbs in VIC